The project's social and economic benefits are obvious. After completion, it can realize an industrial output value of 50.6 billion yuan and a profit and tax of 6.9 billion yuan. It can form the core competitiveness of the production of lightweight aluminum alloy wheels for automobiles and enhance the aluminum wheel industry and the automobile industry in Zhejiang and even the whole country. The overall level will drive and promote the development of aluminum processing, automobile industry and other related industries in our province, promote the formation of industrial chains and industrial clusters, accelerate the process of new industrialization in Zhejiang Province, and drive GKO Aluminum, Luqiao Metal Resources Recycling Industrial Park, and Zhejiang. The development of the provincial hub industry and the auto parts industry in Taizhou and the rapid development of the recycling and reuse of metal resources have resulted in the production of aluminum alloy strips with an annual output value of over 100 billion yuan - aluminum wheel blanks - aluminum hub finishing - lightweight automotive applications Industry chain.